ConAgra Unveils Plans to Cut 7,000
From Work Force, Take Write-Offs

ConAgra Inc. disclosed plans for a cost-reduction program that will cut 7,000 employees from its work force and generate at least $810 million in pretax charges over three years.

The food concern, whose immense product line includes Hunt's tomato sauce, Orville Redenbacher's popcorn and Healthy Choice dinners, said it hopes during the next two years to identify further restructuring possibilities, which could generate as much as an...